5 Most Valuable New Zealand Companies in the World

3. Fisher & Paykel Healthcare Corporation Limited (NZFX:FPH.NZ)

New Zealand-based company Fisher & Paykel is a leading manufacturer, marketer, and designer of acute care and respiratory care systems as well as products for the treatment of obstructive sleep apnea. It sells its products in over 120 countries all around the world. The corporation earns the majority of its revenue from exports to other countries. Only 1% of its total revenue is generated from New Zealand. Due to increasing respiratory health problems because of COVID-19, Fisher & Paykel has seen a dramatic uptick in demand for their medical equipment. There has been such a significant increase in their revenue that the company announced a bonus of US$29 million for their staff in 2021. Their record-breaking US$524M year-round profit was an 82% increase from the previous year’s sales. Needless to say, the current COVID-19 situation has been highly beneficial for the company.

Medical, Healthcare

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